Rattan and Bharati Khosa Foundation

Foundation · Grantmaker Oak Brook, IL EIN: 36-3489320

Rattan and Bharati Khosa Foundation is a private foundation, based in Oak Brook, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 3 grants totaling $300K. Net investment income was $429K.

Key facts about Rattan and Bharati Khosa Foundation

EIN: 36-3489320
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $300,000
Grants made (2024): 3
Average grant: $100,000
Median grant: $40,000
Total assets: $4,430,464
Primary geography: Illinois (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Rattan and Bharati Khosa Foundation funds

By grant dollars, the top recipient states for Rattan and Bharati Khosa Foundation's 3 itemized 2024 grants were Illinois (100%). The most frequent recipient cities were Chicago, IL (3 grants). 33% of grants with a stated purpose were for general or operating support.

How Rattan and Bharati Khosa Foundation gives

Giving grew 43% from 2021 to 2024. Method
In 2024 it paid out 146% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Rattan and Bharati Khosa Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.4M

+118.2% YoY

Annual Giving

$300K

-4.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$100K

-4.8% YoY

Under IRS private-foundation payout rules, Rattan and Bharati Khosa Foundation reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.

About Rattan and Bharati Khosa Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $300K (100%)

Share of all 3 itemized 2024 grant dollars.

States

Illinois Maryland New York Texas Washington

Cities

ChicagoHoustonBellevueNew YorkPotomac

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,430,464	$2,030,598	$1,048,981
Revenue	$2,712,899	$1,319,994	$539,633
Expenses	$313,033	$338,377	$342,095
Qualifying Distributions	$306,313	$326,378	$340,379
Net Investment Income	$429,205	$35,332	$20,219
Distributable Amount	$210,122	$58,005	$41,919

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2019–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include University of Chicago ($250,000), Indo America Center ($40,000), Rush Medical Center ($10,000).

Recipient	Purpose	Amount
UNIVERSITY OF CHICAGO Chicago, IL	GRANT TO SUPPORT NEUROVASCULAR RESEARCH	$250,000
INDO AMERICA CENTER Chicago, IL	GENERAL OPERATING GRANT TO PROVIDE SERVICES TO SOUTH ASIAN IMMIGRANTS	$40,000
RUSH MEDICAL CENTER Chicago, IL	GRANT TO SUPPORT THE WELLNESS CENTER FUND AND MEDICAL RESEARCH	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Rattan Khosa	President	0.1	—
Bharati Khosa	Secretary	0.1	—
Neel Khosa	Director	0.1	—

Frequently Asked Questions

How large is Rattan and Bharati Khosa Foundation?

As of 2024, Rattan and Bharati Khosa Foundation holds $4.4M in total assets with $2.7M in annual revenue. It awarded 3 grants totaling $300K in 2024.

Where does Rattan and Bharati Khosa Foundation operate?

Rattan and Bharati Khosa Foundation has awarded grants in Illinois, Maryland, New York, Texas, Washington.

What size grants does Rattan and Bharati Khosa Foundation award?

In 2024, Rattan and Bharati Khosa Foundation awarded 3 grants totaling $300K — an average of about $100K per grant, based on its IRS Form 990 filings.

How much is Rattan and Bharati Khosa Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rattan and Bharati Khosa Foundation reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rattan and Bharati Khosa Foundation's EIN?

Rattan and Bharati Khosa Foundation's EIN (Employer Identification Number) is 36-3489320. IRS Form 990 filing data is available on this page for 2019–2024.